What Is SSI?
NOTE: Glossary words are highlighted. Click on any glossary word to see its definition.
What is SSI?
Supplemental Security Income (SSI) is a need-based program that provides cash assistance to people with limited income and assets who are age 65 or older, disabled, or blind. Children as well as adults can get SSI benefits because of disability or blindness.
Who runs the SSI program?
SSI is funded by the Federal government and is administered by the Social Security Administration (SSA). In New Mexico, the state adds to the funds provided by the Federal government.
Is SSI the same as Social Security?
No, SSI and Social Security are not the same.
Social Security is a program that provides retirement benefits, survivors’ benefits, and disability benefits to people who have worked enough to qualify, or to their spouses and children. The benefits are based in part on payments you make to Social Security while you are working. Most people over the age of 65 receive Social Security payments.
SSI, on the other hand, is a need-based program for people with limited income who are elders, disabled, or blind.
|